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Budget airline easyJet reports 6-month loss of $85.4 million

8 May 2008

Budget airline easyJet said Wednesday that its losses in the first half more than tripled as rising fuel costs outweighed a 24 percent jump in revenues.

The company reported a loss of 43.3 million pounds ($85.4 million) in the six months ending March 31, compared with a loss of 12.7 million pounds in the same period a year earlier.

source: Forbes

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